Top Auction Sites Compare and Find Seized Car Auction and Others Sites
1. Gov-Auctions.org : #1 Government & Police Auto Auctions -Cars 95% Off! Why You Will NOT Buy a Quality Car Cheaper Elsewhere.Welcome to Gov-Auctions.org, America's most trusted & largest resource for Government & Police, live & online car auctions of Gov't pre-owned and seized cars, trucks, & SUV's. Click Here!
2. GovernmentAuctions.org : The Absolute Best Guide to Government Auctions & Foreclosures !If you wish to buy Foreclosures or Seized and Surplus items from the Government at discounted prices, you simply can't afford NOT to be a member of GovernmentAuctions.org. Click Here!
3. AuctionsPass.com : Government And Police Auctions.Seized Cars From $100, Boats, Real Estate, Collectibles And Jewelry. Government And Police Auctions Online.Bid Online On Seized Items Today! Lifetime Membership: $39.50 Click Here!
4. Car-Auction.com : Every month, 1000s of cars become government property through seized and foreclosure laws. Since there are so many cars in these government auctions, and the enormous costs for storage, these cars must be sold fast and cheap! Click Here!
5. SeizeCars : Do you know every year, thousands of great bargain opportunities appear and disappear all around without you even knowing it. There are so many bargains! In fact, the person next to you on the freeway could very well be driving a near new car that cost only $550! Huge List of Government SeizedCars at 95% Off! Full Access $49. Click Here!
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SeizeCars Review
It’s an unfortunate reality that cars, trucks, and SUVs are seized or repossessed every day from people who are unable or unwilling to keep up with their loan payments. Repossession is a always “last resort” option for a lien holder or the government, and not something entered into lightly. When it happens, assets such as cars, trucks, boats, and RVs are seized and sold at private wholesale auctions to recoup at least some of remaining value of the used cars.
The main purpose of these wholesale and repo auctions are to sell used cars, trucks, and SUVs quickly and hassle-free. The lien holder seeks to offset losses as much as possible, and the longer a car sits around unclaimed, the lower its value goes. It is therefore in the lien holder’s best interest to offload automobiles as fast as possible.
That’s where SeizeCars comes in - I found it to be an outstanding resource for both beginners and seasoned car auction veterans alike. In fact, it believe it is the best seized vehicle auction sites available. The car auction listings themselves are very comprehensive and detailed. It was simple to get started and move onto the used car bidding process.
The best part of SeizeCars is the listings. They pop up fast and the site is easy to navigate. The cost of membership is reasonable considering the value you get. The site does not offer learning materials; it seems to be geared towards people who need a seized car auction resource without the bells and whistles - which is fine by me. SeizeCars lets you get your feet wet and get involved in bidding cycles at your own pace. I joined to get access to good deals, not to have my hand held needlessly.
Seized or government car auctions have been difficult to locate and join – until recently. SeizeCars has acquired the rights to seized used car auction listings and are now opening up access to these lists to the general public. There are $10,000’s or even $100,000’s of dollars to be made by shrewd investors who buy low-price repossessed autos, trucks, and SUVs and re-sell them. And, of course, there are always average people on the lookout for a good deal on a pre-owned car.
The market for repossession and seized asset auctions is experiencing dramatic growth, and the expansion in number and quality of auctions will only continue. It is important that people with a keen eye for a bargain get involved before the vehicle auction market explodes. It could be worth thousands of dollars to you.
Gov-Auctions Review
US Most Trusted to Government Car Auctions.com WebSite.Why You Will NOT Buy a Quality Car Cheaper Elsewhere.
Gov-Auctions , America's most trusted & largest resource for Government & Police, live & online car auctions of Gov't pre-owned and seized cars, trucks, & SUV's.
Every month across the United States, thousands of vehicles are seized by different Government agencies (IRS, DEA, FBI) & Police departments and auctioned off to the public. Due to certain laws these vehicles are listed and sold at up to 95% OFF their original value and auctions many times start at $100. Gov't pre-owned/surplus vehicles are well maintained and usually only 2-3 yrs old. We offer you immediate access to 3,000+ updated auctions nationwide, NOT searchable elsewhere on the Internet and with guaranteed listings in every state.
Government Car Auctions - FAQ
Q : Why are the cars so cheap? How can this be true?
A : Every day thousands of Americans default on their car loans or lease payments... as a result, their new or almost new cars get repossessed or seized by the financial institutions and auctioned off in a hurry, because the cost of storing the cars outweighs the banks' ability to try to make the lost money back (same with police auctions, etc.). Consequently, lucky people who have access to direct sources where the cars are being sold would find themselves overwhelmed by dirt-cheap offers that look unbelievable to the average car buyer. This is real and is being taken advantage of by many car dealers.
The US gov't also needs to sell the own vehicles after a certain stipulated time due to policies and overall financial concerns. At such stage these vehicles have been written off in the books and offered to the public.
Q: How many auctions can I expect to find in my area/state?
A: In the members area you will have immediate access to several direct links to several federal & Government related vehicle auctions incl. foreclosures, seized, surplus, repossessed or fleet vehicles listed at rock bottom prices. You will have easy and direct access to their respective contact information like the different geographical locations, dates, times and contact phone numbers. Just use our "auction finder" to see number of available auctions to members in each state
Q: So why wouldn't everyone buy a car this way, instead of the usual going to the dealer or classified ads routine?
A: Because this is a very protected source of revenue for the majority of car dealerships and is not advertised to the general public. However, we have gathered enough information and access rights to be able to let our members enjoy a multitude of the direct sources where one could find their next vehicle with up to 90% savings off the book value price
Q: How complicated are the "traditional" live auctions?
A: Not complicated at all. Typically, you would arrive to your local-area repossessed car auction early in the morning and inspect the cars on the lot that are up for sale that day. Usually, many cars would start from only $100 and if there is limited number of attendees that day (and we have so many sources that it's virtually guaranteed that you will have almost no other bidders) then you are very likely to get the car you want for a ridiculously low amount when the actual bidding starts later that day! Most auction houses offer an "inspection" day usually 2 days prior to auction. All you need to bring to register as a potential purchaser/bidder is a valid photoID
Q: Are there any warranties available for the cars I buy?
A: Typically, an auction centre or website source would offer a 3 month warranty or guarantee free of charge. For extended warranties, a small fee would apply, depending on the source. But, in general, it's never a problem, since many cars are almost brand new and with documented service history.
Q: Are there any hidden fees to buy a car this way?
A: There are no hidden fees. Standard fees such as title and registration still apply and are paid the same way as if you bought the car through a private transaction or at a dealership. However, the luxury tax is not required, since it's already been paid by the first owner upon getting the car registration.
Q: Where do these cars come from?
A: Government Vehicles come from a wide variety of places, but the general rule is as follows:
If a vehicle was purchased under a federal or state government contract, then it is eligible to be sold at a government auction.
When you think of all the different departments and levels of government across United States, you can see the picture of just how many vehicles are up for auction. Some examples of where your new vehicle might have served include:
Federal Government
State Government
Local Councils organisations
Police Services/departments incl. Sheriffs/Marshalls Dep.
Fire & Emergency Services
Religious Groups & other Non-profit Organisations
Universities & other Education Organisations
Hospitals & Ambulance Services
Also, there are 1000s of repossessed and seized vehicles that are auctioned off at these auctions
Q: Are these cars in "good" condition?
A: Yes, Government bodies not only take great pride in the upkeep and maintenance of their vehicles but its also part of their organisational responsibility to comply with work safety legislation etc. You will find most of the vehicles come with stamped log books, complete with service history. Also many of them are still under manufacturer's warranty. Most cars are only 2-3 yrs old and majority have travelled between 40,000 -60,000 kms, or 25,000 - 40,000 miles.
Q: What about payments at the auctions?
A: If you are a successful bidder, you will be required to leave approx (can vary) $500 deposit (cash or bank cheque) on the fall of the hammer, and pay the balance by cash, bank cheque, money order, EFT or through your finance company within 24 hours.
Q: After I sign up, when can I begin using your system?
A: Upon our receipt of your payment, you will have instant access to all resources. Receipt of successful payment is sent to us instantly after processing and you will then be given members area access automatically. There is nothing to download, and you don't have to wait for anything to arrive in the mail. All the resources you need to begin participating in auctions of seized and forfeited vehicles and property are located in our Members' Area which you can return to 24/
CAR AUCTIONS GOOD OR BAD
Although there are some very good deals at car auctions, there is also some things that you must know and do if you are attending an auction for the first time because when you are unfamiliar how an auction operates you can make a few mistakes that can be very costly, but armed with some foreknowledge and providing you follow it you should be okay.
Most people’s experience of buying a car normally goes like this:- see the car they like in the local paper, go round the seller’s house, view the car and then negotiate the price by starting at asking price and then trying to bring the seller down to the price you want to pay.
With this way of buying, you can take your time, take a test drive, and think about how much you want to pay and if the deal does not suit you, you can go away and think about it.
CAR AUCTIONS ARE TOTALLY DIFFERENT
The scenario at the car auction is far different, and this is what turns a lot of people off from buying a car this way, but if you are armed with a checklist and knowledge of what to do, you can certainly swing things in your favour.
ATTENDING THE AUCTION
The first place to look for at the auction is the office where the entries for the vehicles are accepted. Here there should be displayed the conditions of sale of the cars that are entered into the auction.
Amongst the general auction rules there will be information about how the cars are offered for sale. These are as follows:
SOLD 'AS SEEN'
This means exactly what it says, what you see is what you get. Any vehicle that is offered for sale sold ‘as seen’ cannot be rejected under any circumstances. Any complaint about a problem that the car may have will not be entertained at all.
This may seem a bit harsh from the buyers’ point of view, but don’t let this put you off buying a car that is sold ‘as seen’.
SOLD 'WITH TRIAL'
This can vary from auction to auction, so it’s important that you check with the auction staff to verify what their conditions are but basically sold ‘with trial’ means:
That you get one hour after the end of the sale to return the car if you find any ‘MAJOR MECHANICAL FAULTS’, i.e. engine, gearbox, axles, steering rack etc.
Some auctions conditions differ from auction to another so that is why it’s imperative that you check with the auction staff before bidding on any vehicle.
INDEMNITY FEES
This is a fee that you will pay on top of the purchase price of any car that you may buy. Probably better known as a ‘buyers premium’.
Fees vary a great deal from auction to auction. Check with the auction staff as to what these fees are if they are not displayed in the office area or around the auction.
These fees should also include an ‘HPI’ check on the car you are buying. This will give you full legal title to the car. The ‘HPI’ check covers items such as:
a) Whether the car has any outstanding finance on it.
b) If the car is on the police stolen list.
c) If the car has ever been an insurance ‘total loss’.
d) Whether the car has had a number plate transfer.
e) Will also confirm the ‘VIN’ (chassis) number.
When I first started to visit car auctions I went along to them for about 3 months before I bought my first car. The reason for this was because I wanted to go into car dealing as a business and I decided to carry some research before I actually committed myself.
So I sat at every auction I attended with my notepad and pen taking down the details of nearly every car that came through the auction and I was surprised at the prices the cars were making.
From there I would go home and compare the prices in car magazines and the local paper and I could see immediately how much profit people were making
by selling cars.
The Day I Bought My First Car At Auction
I decided to take the plunge and armed with all my knowledge and statistics of the previous 3 months research, I purchased one evening at a car auction in Essex, a Rover SDI 2600, X registration, for the sum of £500 which at the time was quite a nice car and not too difficult to get rid of.
I picked the car up a week later because I paid by cheque and had to wait a week for the cheque to clear. I got a few miles down the road and I noticed the engine started to heat up very quickly which is not a good sign. To cut a long story short I have the car transported home and have to sell the car to a dealer out of the local paper who pays me £200 for the car.
First deal – Loss of £300!!
As I mentioned earlier you can take your time when buying a car the normal way but these methods go right out the window when buying a car by auction because it‘s a totally different buying experience.
When you have the opportunity to buy cars at trade prices, your imagination starts running wild as to how cheap this car is, or much money you can earn from this even if you had no intention of selling cars for a profit. This happens with everyone it is basic human nature.
So the car that you had in mind when you start seeing the other bargains to be had at the auction can very quickly change along with your priorities. Coupled with the fact there is so much choice and not just one car to look at, which when you go to look at a car that was advertised in the paper you only turn up to view that particular one.
At car auctions there are absolutely hundreds to choose from. So if your ‘ideal’ car is not there, there is always another car that maybe you didn’t really want can catch your eye and there is nothing like a cheap price of a car to focus the attention of the mind.
CHECKLIST
You will need to inspect any car you are interested in long before the car goes in the auction to be sold. When you find a car that is suitable go through this checklist.
It's very important to examine the car while the car is parked up, because it will be a little more difficult when the car is lining up to be sold and then everybody else will be looking. Best to check round the car when it’s not too busy.
Have a quick look around the car just to check for any accident damage to the bodywork like panels having any dents or bumpers if they are plastic being cracked etc.
Have a look on the windscreen for any chips or cracks as this can be an expensive item to replace.
NOTE: If you are unhappy with any of the above, don’t buy it. Simple as that. Just find another car there are plenty more to choose from. Don’t let your heart rule your head.
After you have read the windscreen ticket, and if you are still interested in the car, examine the car a little more closely this time particularly looking at things that might need replacing and add cost to your purchase price after you have bought the car.
VISUAL CHECKS
Tyres can be very costly these days to replace, especially low-profile or sports tyres. If the tyres look like they are going to need changing in the near future adjust your bid accordingly with this in mind.
Does the overall condition of the car match up with the mileage? Not just outside but also inside as well. If the windscreen ticket says that the car has covered low or average mileage for the year, have a good look at the condition of the seats especially the drivers seat, is it worn or does it match up with the mileage and condition of the car.
The steering wheel. Is it all smooth or does it still look new?
All these things are a visual check that you can carry out on the car and give you a better chance of buying a good car and eliminate some of the risks that are there and swing things in your favour.
BIDDING FOR YOUR CAR
When the time arrives for the car you are interested in to go into the auction, stand in a place where the auctioneer can see you clearly but not in a place where you can be seen by everybody else, i.e. right in front of the rostrum.
All the inspection, the visual and mechanical checks on the car should have been done by now, so you know exactly how much you’re maximum bid is going to be.
Make sure you know how much buyers premium will be added to the purchase price, also if the car needs anything replaced and keep a note of this in front of you when bidding.
Believe me (i'm a car dealer), you need to have all the finances work out before you put in your first bid. If you don't you could end up paying too much for the car.
DO NOT under any circumstances pay more than the figure you have in mind. If you end up not buying the car, another one will always be available. Even if you don’t buy a car at the same auction, wait until the car you want turns up, and it will.
PAYING FOR YOUR CAR
If you are the highest bidder you will have to pay a deposit immediately after the bidding stops.
If you after bidding end up having the highest bid on the car, you will either end up reaching the reserve price that the seller wants and the auctioneer will normally bring the hammer down to indicate that you are the successful buyer.
If the reserve price is not reached, then you will still be required to give your details and a deposit to the auction staff. This will be called a ‘provisional’ bid.
What will then happen is the auction will contact the owner of the car and will try to negotiate a price on the car. If the seller will not lower their reserve price and an agreement cannot be reached, then your deposit will be returned to you.
IN CONCLUSION
I am sure that you will find the car auctions that you visit a totally new experience of buying a car, and one that you will enjoy.